Caixin News Agency, November 19th - Yikatong Technology (ECX) announced that the company has signed a component procurement and research and development service agreement with Geely Automobile. The signing of this agreement aims to strengthen cooperation between both parties in the field of automotive electronics, enhance product research and development efficiency, and improve market competitiveness. The announcement did not mention specific financial data or amount information.
In addition, the announcement also states that the agreement will help the company obtain more technical support and resource sharing in future product development, further promoting the company's business development. Overall, this cooperation is an important step in the company's strategic layout, demonstrating its positive expansion trend in the industry.